News

Former Nissan exec Greg Kelly returns to U.S. after Ghosn trial

TOKYO — Former Nissan director Greg Kelly, cleared on most counts and handed a suspended sentence in the long-running Tokyo trial over alleged financial misconduct by Carlos Ghosn, has left to return to the United States after more than three years of prosecution in Japan. Kelly, accompanied by his wife Dee, were escorted to Tokyo’s […]

Former Nissan exec Greg Kelly returns to U.S. after Ghosn trial Read More »

West Virginia car dealers negotiating changes to state franchise law

Dealers in West Virginia are pushing for major changes to the state’s franchise law that would define their role in vehicle reservations and when a dealership should be compensated after over-the-air updates are performed by an automaker. West Virginia’s House of Delegates last week unanimously passed the bipartisan bill known as HB 4560, which is

West Virginia car dealers negotiating changes to state franchise law Read More »

Invasion of Ukraine cuts supply of neon, possibly impacting chip shortage

The vehicles and auto parts endangered by the Russian invasion of Ukraine may seem thousands of miles away from being a real problem. But the war could bring new worries to an issue that’s already bedeviling automakers: the global microchip shortage. Ukraine is the source for 70 percent of the world’s output of neon. Neon

Invasion of Ukraine cuts supply of neon, possibly impacting chip shortage Read More »

Russia’s Ukraine invasion could trigger a second microchip crisis

The vehicles and auto parts endangered by the Russian invasion of Ukraine may seem thousands of miles away from being a real problem. But the war could bring new worries to an issue that’s already bedeviling automakers: the global microchip shortage. Ukraine is the source for 70 percent of the world’s output of neon. Neon

Russia’s Ukraine invasion could trigger a second microchip crisis Read More »

U.S. requires GM to fix headlight glare on 725,000 SUVs

WASHINGTON — The National Highway Traffic Safety Administration said on Friday it denied a General Motors  request that would have allowed the automaker to avoid fixing headlight glare problems on about 725,000 U.S. sport utility vehicles. If the agency had agreed to declare the problem inconsequential, GM would not have been required to notify customers

U.S. requires GM to fix headlight glare on 725,000 SUVs Read More »

Self-driving truck company TuSimple replaces CEO, shares plummet 20%

TuSimple Holdings Inc. on Thursday said it was replacing its CEO in a decision it called part of a “planned executive succession,” but which took Wall Street by surprise and caused its shares to plummet more than 20 percent. The self-driving trucking company said Xiaodi Hou, up until now TuSimple’s chief technology officer, will replace

Self-driving truck company TuSimple replaces CEO, shares plummet 20% Read More »

Ex-Nissan exec Greg Kelly found guilty in Tokyo, but gets suspended sentence

TOKYO — A Tokyo court has found the former Nissan executive Greg Kelly guilty of playing a role in helping former boss Carlos Ghosn allegedly hide more than $80 million in deferred compensation. But after more than three years of prosecution, Kelly, 65, was given a six-month suspended sentence by chief judge Kenji Shimotsu. The

Ex-Nissan exec Greg Kelly found guilty in Tokyo, but gets suspended sentence Read More »